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Dextrose Special Teas uses process cosling to account for costs in the manufacture of its fresh-brewed iced tea that it sells in pint bottles. The
Dextrose Special Teas uses process cosling to account for costs in the manufacture of its fresh-brewed iced tea that it sells in pint bottles. The following infarmation applies to operations for the month of Movember. Raw Units Material Costs Conversion CostsBeginning Inventory 20,000 £92.000 538,000Units Started 80,000Costs Added 5 5Ending Inventory 22,000 The beginning inventory was 80% complete as to materials and 60% complete as to conversioncosts. The ending inventory was 100% complete as to materials and 30% complete as to conversioncosts. Round per unit calculations to the nearest $0.001 and round balances and transferred amountsto the nearest $1.00. Question 110 ptsDetermine the number of pints that were completed in November.Question 210 ptsDetermine the total number of equivalent units (EU) of materials to be accounted for inNovember.Question 310 ptsDetermine the number of equivalent units (EU) of conversion to be accounted for inNovember. Aszsume that $384k of materials and $666k of conversion costs are added during the period.Determine the weighted average cost of materials per equivalent unit. Round to the nearest50.001 Assume that $384k of materials and $666k of conversion costs are added during the period.Determine the weighted average cost of conversion per equivalent unit. Round to thenearest 50001 Assume that $384k of materials and $666k of conversion costs are added during the period.Using the weighted average method determine the total cost of pints completed inNovember (account for both material and conversion costs) Assume that $384k of materials and $666k of conversion costs are added during the period.Using the weighted average method determine the total cost of pints in Movember's endinginventory (account for both material and conversion costs). Question 8 10 pts Assume that $384k of materials and $666k of conversion costs are added during the period.Determine the FIFO cost per equivalent unit of materials added in November. Round to thenearest $0.001 Assume that $384k of materials and $666k of conversion costs are added during the period.Determine the FIFO cost per equivalent unit of conversion added in November. Round to thenearest $0.001 Question 10 10 pts Assume that $384k of materials and $566k of conversion costs are added during the period.Using the FIFO method determine the total cost of pints completed in November (account for both material and conversion costs).
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